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Paperback International Macroeconomics Book

ISBN: 0333598962

ISBN13: 9780333598962

International Macroeconomics

This new text provides a systematic and comprehensive international treatment of the asset approach to the exchange rate and the current account of the balance of payments. It includes an analysis of macroeconomic adjustments under fixed, floating and managed exchange rates and it compares the stabilisation properties of each exchange rate regime in the case where economies are subjected to random shocks and price adjustments and are characterized...

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Format: Paperback

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